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Amazon, Buffett, JP Morgan Health Care Company To Be Based In Boston

BOSTON (CBS) – The new health care company being formed by Amazon’s Jeff Bezos, billionaire investor Warren Buffett and JPMorgan’s Jamie Dimon will be based in Boston. 262 more words

News

Jamie Dimon, Warren Buffett want CEOs to stop issuing profit guidance to analysts

Warren Buffet and Jamie Dimon are calling on companies to end the practice of issuing earnings guidance. They say “short-term” emphasis on profit hurts long-term growth. 12 more words

Jamie Dimon

Jamie Dimon, Warren Buffett urge CEOs to end quarterly earnings forecasts

Warren Buffett and Jamie Dimon are doubling down on their plea for corporations to stop providing quarterly earnings guidance.

Buffett, who runs Berkshire Hathaway Inc., and Dimon, JPMorgan Chase & Co.’s chief executive officer, said in a joint Wall Street Journal editorial that they are encouraging all public companies to consider moving away the practice, arguing that it can stifle long-term investments. 387 more words

Investing